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BFSI, Investments & Trading

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Tamilnad Mercantile Bank BFSI, Investments & Trading Department Salaries in Thoothukudi

based on 10 latest salaries
Designation Avg Annual Salary Open Jobs
27 - 28 years exp. · Thoothukudi (AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.2 L/yr

10 years exp. · Thoothukudi (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr

8 years exp. · Thoothukudi (AmbitionBox Estimate)
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₹5.1 L/yr - ₹8 L/yr

8 - 9 years exp. · Thoothukudi (5 salaries)
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₹8 L/yr - ₹13 L/yr

10 years exp. · Thoothukudi (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18 L/yr

Last Updated: 11 Oct, 2024

Salary related reviews for Tamilnad Mercantile Bank

3.1

Rated by 4 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Jul 2024

5.0
 for  Salary and Benefits

Likes

For only salary to live...no work life balance...providing torture 24 *7

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Dislikes

...d torture the staffs...employee should do the desk work and also do marketing...executives asking why should u receive salary after got all the work from us night 10.00 pm... Average work completion time is 10.00 p.m...openly send whatsapp message to work on leave days...

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 22 Jan 2024

4.0
 for  Salary and Benefits

Likes

Salary and perks

Dislikes

If you want to live upto 40 years , you can join here.. sometime it will be so surprise of you live upto that age... Pathetic work culture and worst management. Hell work condition always target.Community based bank so they prefer their people over others . To be Frank it's such a useless bank where one can lose their family life. if any one going to apply in this bank ready to sacrifice your life. Even after seeing this you want to work here means hats off to you.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 14 Sep 2023

4.0
 for  Salary and Benefits

Likes

Industry standard salary, job security

Dislikes

Very very long working hours, absolutely no work life balance. Favouritism, very old culture and very regressive mindset. Fresh bloods are dumped by grudgy, less knowledged seniors.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Aug 2023

5.0
 for  Salary and Benefits

Likes

Good package you will get.

Dislikes

No proper working culture. Always they believe leaving office late and coming during holidays to office is obedient to higher officials, they don't care you give business or not

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 May 2022

3.0
 for  Salary and Benefits

Likes

Likes: Monthly salary payment in time. Note that no battas for Deputations/allowances are paid by the management or negligible expenses incurred is paid. So, you run on a loss if you are deputed to any other branch. Dislikes1/2: The work culture here is pathetic. The cross functional teams doesn't intend to work together. Instead, they have their own ways, that doesn't help the organization in anyway to grow together. Management is based from Virudhunagar/Sivakasi (TamilNadu) people only. So you could see lots of top executives working in the organization They are always elevated in their career path even though they do not have the right skill sets. Company policies are it's worst that even for a job change, you have to seek permission from HRD! Late sitting on daily basis even after finishing the designated works, no proper infrastructure in branches, lack in leaders, inefficient management as a whole. Job security is in a decreasing trend now. They either look out for opportunities to send you out on punishment like CRS/increment cuts or torture/fight with you in branches attempting to make a worst culture to exit the job.

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Dislikes

Dislikes 2/2:There are a few hard working people within the company. With which the top executives live a comfortable life here. Training wouldn't be much constructive as they have many excel sheets available for working on credit operations. And even the credit underwritings manipulate the report according to manager's/top level management intention to sanction loans that led to many NPAs. Politics would be there in all the companies. No exception to this company as well. It's worse in this company. Work-Life balance at its worst because all days you'll need to work/late-sit at least till 2100hrs after starting your works from 0930hrs. Promotion is given to people who knows to do politics well enough. There's no innovation in their products/thinking. The company always would be lagging in terms of competitors. Last minute circulars or notifications that you can't execute the EOD operations until finishing an up-hill task withing the branch.

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Tamilnad Mercantile Bank Salary FAQs

How much does Tamilnad Mercantile Bank pay per year?
The average Tamilnad Mercantile Bank salary ranges from approximately ₹1.1 Lakh to ₹2 Lakhs per year for a Data Entry Operator and ₹14 Lakhs to ₹20 Lakhs per year for a Senior Manager. Salary estimates are based on 10 Tamilnad Mercantile Bank salaries received from various employees of Tamilnad Mercantile Bank. Tamilnad Mercantile Bank employees rate the overall salary and benefits package 3.1/5 stars.
What is the highest salary in Tamilnad Mercantile Bank?
The highest-paying job at Tamilnad Mercantile Bank is a Senior Manager with a salary of ₹14 Lakhs to ₹20 Lakhs per year. The top 10% of employees earn more than ₹15 lakhs per year. The top 1% earn more than a whopping ₹35 lakhs per year.
What is the minimum salary in Tamilnad Mercantile Bank?
Minimum salary at Tamilnad Mercantile Bank depends on the role you are applying for. For FSE the minimum salary is ₹1 Lakh to ₹2 Lakhs per year, and for Clerical Staff the minimum salary is ₹3.7 Lakhs to ₹6.3 Lakhs per year and so on.

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Average annual salary in BFSI, Investments & Trading department at Tamilnad Mercantile Bank , Thoothukudi is INRunlock blur . Salary estimates are based on 10 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.

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